$1,150,000
840 State Road 16 St Augustine, FL 32084
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$1,150,000
Est. payment /mo
1.22 Acres Lot
Active
840 State Road 16 St Augustine, FL 32084
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UPDATED:
06/23/2024 01:07 PM
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 181189
HOA Y/N No
Annual Tax Amount $9,173
Tax Year 2023
Lot Size 1.220 Acres
Acres 1.22
Property Description
Owners will strongly consider a lengthy land lease or a BTS (Build to Suit) with a Nationally Recognized Tenant w A+ Rating. State Road 16's ONLY-PAD READY SITE !! APPROX 26,000 Cars per day or 9.5 Million/yr. Fully planned and permitted with the SJRWMD, COSA (water & sewer) and FDOT (median turn & decel lane) & FDEP wastewater permits issued. Master Planned engineering includes drainage & water runoff & retention ponds etc. See more details below. The new SR 313 which goes from SR 207 to SR 16 has the first mile started & completes in Summer of 2024. The original 3.5 acre parcel had 2 sites. the larger 2.28 acre site East of driveway has sold and closed. Two 10,000 sqft medical bldgs are approved to go in there. This 1.22 acre site on W side of driveway has entitlements for 6,000 sqft building (can be bumped up to 8,000 sqft w/o county commission vote) Build up to 8,000 sqft with just an approved Minor Modification which is approved internally by building and zoning. Note: Site has approved and paid for concurrency for a 3 lane drive-thru. 1.22 acre site is ideal for a QSR (Quick Serve Restaurant) perfect for a Bank,pharmacy, outpatient surgical center, microbrewery, craft beer restaurant, specialty retail, medical clinic or medical retail, veterinary office, coffee shop or bakery etc. Entry way is lighted, landscaped & marquee signage. Potential businesses listed above can be operated with or without drive thru's etc. Owners previously paid for concurrency, median turn lane, deceleration lane, upscale lighted and landscaped entry way, lift station, force main, retention ponds, storm drains, fire hydrants, master planning engineering fees, surveys, phase 1 environmental, geotech borings, application/permit fees etc. Over $950,000 worth of site improvements are completely done and paid for. (Note, previous tests and studies do expire and will need to be updated by purchaser. Originally all test and studies passed). Some of the more recent additions to SR 16 include the following: Zaxby's, WaWA, Chick-fil-A, Culver's, Fidus Roofing, BoJangles, Shores Liquor, Car Wash,, Two Gas Stations, Dollar General. Other commercial projects are in planning stage. As well 3 large housing projects coming soon. One has already broken ground at 2080 SR 16. One just W. of Publix will break ground around May of 2024 and the last one just across from this site is in the permit approval stage currently. Over 1,000 new units will be coming on line soon needing additional goods and services on 16. Both owners are licensed Realtors in Florida.
Location
State FL
County Saint Johns
Area 05N
Zoning PUD
Exterior
Garage 28
Garage Spaces 28.0
Water Access Desc Yes
Total Parking Spaces 28
Building
Water Public Water
Listed by Florida Homes Realty & Mortgage
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